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EUR Fears Greece not US or China

From forexblog.oanda.com

It’s Monday morning and European financial markets have decided to step carefully into this new week of political uncertainty. US elections for the White House are tomorrow. On Thursday, China’s ruling party begins the 18th congress in its history. It’s unprecedented that the world’s dominant superpowers are choosing their leaders at the same time. However, expect a near broke, Euro periphery economy like Greece, to have the greatest impact on financial markets in the short term. Greece again has to vote on whether to accept labor reforms and further austerity measures before its other Euro members decide to free up ... (full story)

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